Public will also assume about $1.8 billion of Shurgard debt and redeem $136 million of Shurgard preferred stock. The merger will make Public the largest self-storage company, with a market ...

Public Storage Inc. on Tuesday agreed to purchase Shurgard Storage Centers Inc. for $3.2 billion, ending a seven-month process that evolved from a takeover bid to a negotiated merger.

SAN FRANCISCO (MarketWatch) -- Public Storage Inc. PSA, -1.07% said Tuesday it has completed its $5.5 billion acquisition of Shurgard Storage Centers Inc. shu.

Harris also noted that Public Storage has a large operation in Europe – in 2006 it bought the Shurgard chain with 187 facilities, and company revenue more than doubled from 2007 to 2008 as a result.

Public Storage, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc, ratcheting up attempts to buy its smaller rival after its ...

Public Storage unveiled an unsolicited $11 billion bid Sunday for Life Storage Inc. in a move aimed at boosting profitability. (David Paul Morris/Bloomberg via Getty Images / Getty Images) ...

Public Storage Inc. (PSA) has room to raise its offer for smaller self-storage competitor Life Storage (LSI) after LSI rejected the bid on Thursday, according to Citi. At current levels, ...

Public Storage PSA -2.08% has made an $11 billion unsolicited offer for Life Storage Inc., ramping up an effort to buy its smaller rival after an earlier bid was rejected. Public Storage said it ...

Moreover, even though the storm hit Sept. 12, it appears that Public Storage didn’t notify customers their possessions might be damaged until October 1 – allowing the company to collect ...

(RTTNews) - In a letter dated on February 5, 2023 to Life Storage, Public Storage (PSA) said it reiterated its proposal to acquire all of the outstanding shares and units of Life Storage Inc. (LSI ...

Self-storage properties operator Life Storage Inc on Thursday rebuffed an $11 billion all-stock takeover bid from bigger rival Public Storage , the latest rejection in the buyout battle.

Feb 5 (Reuters) - Public Storage (PSA.N), the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc (LSI.N), ratcheting up attempts ...